By Marisa Wong
Morgantown, W.Va., Feb. 3 – GS Finance Corp. priced $5.25 million of 0% trigger digital securities due Feb. 7, 2019 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus 11.05% unless the fund finishes below the 70% downside threshold, in which case investors will be fully exposed to any losses.
Goldman, Sachs & Co. is the agent.
Issuer: | GS Finance Corp.
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Guarantor: | Goldman Sachs Group, Inc.
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Issue: | Trigger digital securities
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Underlying ETF: | iShares MSCI EAFE ETF
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Amount: | $5.25 million
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Maturity: | Feb. 7, 2019
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 11.05% unless fund finishes below 70% downside threshold, in which case full exposure to any losses
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Initial share price: | $59.87
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Downside threshold | $41.91, 70% of initial share price
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Pricing date: | Feb. 1
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Settlement date: | Feb. 6
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Agent: | Goldman Sachs & Co.
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Fees: | 1.175%
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Cusip: | 36251U830
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